Market Maker Credit Card Suite

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Presentation transcript:

Market Maker Credit Card Suite Virtual Enterprise Project IVEsa

Anywhere, Anytime, Life…

System to facilitate automated transactions. Credit Card System to facilitate automated transactions. Linked to bank account Instantaneous transfer of funds from consumer to retailer Retailers receive itemized invoices Interest on account balance Payment due date Late payment penalty

Intuitive shopping cart for student use. Order Interface Intuitive shopping cart for student use. Student retailers enter product specs on webpage Retailers can modify items on web page Shopping cart is automatically generated for consumers Directly interfaces with bank and credit card system

Student Outcomes Increased volume of transactions in network Build novice accounting skills Firsthand experience with pricing in a free market economy Responsibility of managing credit and debt Easily reach out to peers around the globe

Instructor’s Benefits Transaction assignments easier to conduct Technology education added to VE Debt management added to VE Student Interactions are automatically logged for instructor review

Market Maker Credit Card Suite Extended functionality to existing virtual marketplace Access to virtual e-commerce environment Simulates Enterprise Resource Management Dynamic systems are automated and customizable Intuitive, user friendly interface

Project meetings…..$100

Pizza….$24 + Tip

Tech Book…….$80

Interactive Credit Card and Order Interface……PRICELESS